question archive DQ 1) Leases can be entered into by companies or individuals
Subject:AccountingPrice: Bought3
DQ 1) Leases can be entered into by companies or individuals. Are there reasons other than financial reasons that companies or individuals choose to lease versus buying an asset?
DQ 2) What are the advantages and disadvantages of leasing versus buying or leasing versus selling?
DQ 3) Does the lessor have to make the same decisions as a lessee when classifying a lease as operating or capital? Why or why not?